Multiply 417 Inc is located in Modesto, CA. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Multiply 417 Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Multiply 417 Inc generated $106.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 33.8% each year . All expenses for the organization totaled $101.4k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROMOTE BIBLICALLY-BASED FUND RAISING AND RESOURCE DEVELOPMENT PRINCIPLES, STRATEGIES, AND TOOLS THROUGH COACHING, MENTORING, AND CONSULTING RELATIONSHIPS WITH CHRISTIAN NONPROFIT LEADERS AND THEIR ORGANIZATIONS HELPING THEM TO CREATE FISCAL STABILITY, EFFECTIVE LONG-TERM GROWTH, AND CHRIST-HONORING PARTNERSHIPS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rick Fritzemeir President & CEO | 40 | $60,000 | |
Gary R Fox Vice President | 5 | $0 | |
Bradley S Bills Secretary | 5 | $0 | |
Duncan Reno Treasurer | 5 | $0 | |
Rick Countryman Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $36,425 |
Total Program Service Revenue | $69,008 |
Membership dues | $0 |
Investment income | $516 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $392 |
Total Revenue | $106,341 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $64,590 |
Professional fees and other payments to independent contractors | $2,387 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $12 |
Other expenses | $34,414 |
Total expenses | $101,403 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $35,159 |
Other assets | $0 |
Total assets | $46,313 |
Total liabilities | $2,051 |
Net assets or fund balances | $44,262 |